The following is the English-language translation of a document on bayanihan socialism that was presented at the convention of the Philippines socialist party Partido Lakas ng Masa (Party of the Labouring Masses, PLM) in December, 2013.

"This completely deregulated sphere (derivatives) ultimately grew to greater dimensions than the real economy. That was undoubtedly absolute madness.. A smaller financial sector need not be unconditionally bad.. Changes like shriveling the financial sector are an immediate threat for the dominant power structures..."